Rail Budget

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Passengers can lodge their complaints and suggestions on the webpage www.indianrailways.gov.in. One can also download the mobile App from the URL www.coms.indianrailways.gov.in. for registering complaints and sending suggestions.

Cement will become more expensive with excise duty being increased to Rs 1,000 per tonne from Rs 900 per tonne earlier in the Budget. Hurt by a Rs 100 per tonne excise duty hike in the Budget on top of an increase in rail freight, cement makers are likely to increase retail prices by Rs 15-20 per bag soon.

The budget this time around is so simple, apparently seems like an extension of the rail budget, though the Modi-fication seems apparent where efficiency improvement and make in India accompanied with health and cleanliness seem to be the motto.

Hinduja, however, expressed disappointment over "lack of" clear-cut measures or incentives to tap the investment potential of NRIs and steps to bring transparency and accountability in political funding. "The Budget 2015 is a very socially inclusive one.

Allocation of INR 70,000 crores to Infrastructure sector, tax-free bonds for projects in rail road and irrigation, revitalising the PPP model for infrastructure development - are just some of the inclusions which will help growth of infrastructure and thereby the realty industry in the country.

Also in a bid to support and spur small and medium enterprises (SMEs), Jaitley proposed to set up a bank called Micro Units Development Refinance Agency (MUDRA Bank) with an initial allocation of Rs 20,000 crore, and credit guarantee corpus of Rs 3,000 crore.

Prabhu is likely to unravel his grand plans of how to decrease the cross-subsidy for passenger service from freight earnings which is touching Rs 24,000 crores and the steps to increase goods transportation share in the national transporter with or without hiking fares.

The government must synchronise various central and state laws such as, stamp duty laws, local body licenses, and ensuring minimum lead time for implementation of policy decisions at Centre and State levels

According to ICICIdirect.com, Rail Budget 2015-16 would act as an enabler in beginning the process of resurrecting Indian Railways, which has been ailing due to varied reasons ranging from policy to operations.

Edelweiss expects temporary relaxation on deficits to support growth, government to accrue savings of 0.8 percent of GDP due to lower oil prices and tax buoyancy and subsidies & boost to renewable energy sectors.

Besides an elaborate exercise of water conservation including setting up of water recycling plants will also be announced by Railway Minister Suresh Prabhu in his maiden Budget address in the Lok Sabha on February 26.

As far as the Railway Budget goes, all positives that may come from it are already priced in, says Sanjay Dutt. Certain core issues have been plaguing the Railways for many years now and if Suresh Prabhu has to bring the railways back on track, there is a need for some radical decisions

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Source:NDTV Profit - Railway Minister Sadanand Gowda on Tuesday said that his government will focus on completing old projects rather than announcing new projects as is the norm. Mr Gowda, who presented his maiden Rail Budget, said the Indian Railways will target to ...

no market has still have faiath in modi.th event of rail budget is not sio much important it only give us some of thinkings in govt.still main v event is away . this will give us some of thinkings of new govt .situation is .tough o

Source:FirstPost - New Delhi: Hailing the Railway Budget as "futuristic and growth-oriented", Prime Minister Narendra Moditoday said it is for the common people as it aspires for better service, speed and safety with focus on development of the country.He said the Rail Budget presented

Overall mkt downfall dragged OM otherwise no adverse impact from Rail Budget rather nothing adverse vl come in General Budget for this Co. Hydro power which consumed Om products will be encouraged. Infra like Road ,Dam etc vl also be encouraged and housing projects vl be main focussed in the Gen